CoinGecko, a cryptocurrency data tracker, says the recent hype around memecoins has officially fizzled. They point to the launch of the Trump (TRUMP) and Melania (MELANIA) tokens in mid-January as the turning point. The Trump Effect (and Melania’s Too) These high-profile tokens saw a massive initial surge in value, but then crashed hard. CoinGecko claims…
A massive $1.4 billion crypto heist from Bybit last month was caused by a compromised developer’s laptop, according to Safe Wallet. The Hack Explained A joint investigation by Safe Wallet and cybersecurity firm Mandiant revealed a sophisticated attack. The hacker gained access by compromising a developer’s laptop and then hijacking AWS session tokens. This clever…
Dogecoin and Shiba Inu have been climbing back up after a big drop in late February. This recovery is fueled by some positive economic news, suggesting a brighter future for these popular meme coins. Why the Prices Are Rising Over the past week, both Dogecoin and Shiba Inu have seen price increases. This is a…
Cardano (ADA) recently saw a huge price jump thanks to some positive news about crypto. Let’s dive into what happened and what might be next. The Recent Surge and Pullback After some exciting news, ADA’s price shot up almost 60% in just a couple of hours! While it held onto much of those gains, it’s…
A massive crypto theft has been linked to a major security breach. Blockchain investigator ZachXBT uncovered that Ripple co-founder Chris Larsen lost around $150 million worth of XRP in January 2024. The culprit? A security breach at password manager LastPass. How did it happen? Larsen’s private keys, apparently stored in LastPass, were compromised. LastPass experienced…
Bitcoin’s price is currently struggling, hovering below $87,000. The market is volatile, and traders are unsure what’s next – a big price jump or a further drop. A Presidential Order and Market Reaction Even a recent executive order from President Trump establishing a Strategic Bitcoin Reserve didn’t boost confidence as hoped. Instead, Bitcoin’s price fell,…
Major Wall Street banks are suddenly turning pessimistic about the US stock market. This comes after a massive $3.4 trillion loss in market value this year—erasing all gains since the 2016 election. JPMorgan Chase Turns Bearish JPMorgan Chase’s global market intelligence head, Andrew Tyler, says their trading desk is now betting against short-term stock market…
A popular crypto analyst, known as Capo, is warning of a potential market crash after a significant price surge. He believes Bitcoin, Ethereum, and other altcoins are being lured into a “bull trap.” What is a Bull Trap? A bull trap is when the market briefly rallies, giving the impression of a bullish trend reversal,…
Treasury Secretary Scott Bessent believes the US should become the global leader in cryptocurrency. He argues that the country should actively attract crypto businesses and set the standard for industry regulation. Bringing Crypto “Onshore” Bessent advocates for bringing crypto activity into the US, stating, “I am a big proponent of the US taking the worldwide…
Sui Could Crash 40% Crypto analyst Ali Martinez is warning about Sui (SUI), a Solana competitor. He’s seeing a bearish pattern forming on the charts, suggesting a potential 40% price drop. This would send SUI down to $1.60 from its current price of around $2.73. Martinez points to a “head and shoulders” pattern, a classic…
